On August 13 2016 Accounting Services Co $\begin{array}{l}\text { Equipment } &1,700\\\quad \text { Account Payable }&&2,000\\\text { Supplies }&300\end{array}$

On August 13 2016 Accounting Services Co. purchased office equipment for $1700 and office supplies of $300 on account. Which of the following journal entries is recorded correctly and in the standard format? a.
$\begin{array}{l}\text { Equipment } &1,700\\\quad \text { Account Payable }&&2,000\\\text { Supplies }&300\end{array}$

b.
$\begin{array}{l}\text { Equipment }&&1,700 \\\text { Supplies }&&300\\\quad \text { Account Payable }&2,000\\\end{array}$

c.
$\begin{array}{l} \text { Account Payable }&2,000\\\text { Equipment }&&1,700 \\\text { Supplies }&&300\end{array}$

d.
$\begin{array}{l}\text { Equipment } &1,700\\\text { Supplies } &300\\\quad \text { Account Payable }&&2,000\\\end{array}$

Correct Answer:

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